A Covid-19 Supply Chain Shock Born in China is Going Global

Shawn Donnan, Christoph Rauwald, Joe Deaux and Ian King, Bloomberg

Image by Pete Linforth from Pixabay
Image by Pete Linforth from Pixabay

The world's supply chains are facing a root-to-branch shutdown unlike any seen in modern peacetime. Analysts predict the impact from the virus might even be worse than the trade wars of 2019. The shutdowns are contributing to the growing conviction that the world has slipped into its first recession since the financial crisis more than a decade ago.

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